Conversion at Retirement. Upon simultaneous retirement from the City and from CalPERS, employees shall have the option of applying unused sick leave to their CalPERS account up to the limits set by ▇▇▇▇▇▇▇. The conversion rate will be at the employee’s pay rate at the time of retirement.
Appears in 2 contracts
Sources: Memorandum of Understanding, Memorandum of Understanding
Conversion at Retirement. Upon simultaneous retirement from the City and from CalPERS, employees an employee shall have the option of applying unused sick leave to their his/her CalPERS account up to the limits set by ▇▇▇▇▇▇▇. The conversion rate will be at the employee’s pay rate rate, plus any applicable Senior Pay Bonus, at the time of retirement.
Appears in 1 contract
Sources: Memorandum of Understanding